Mike Fagan,
Editor
July 31, 2026
Algo Grande Copper Corp. (TSX-V: ALGR)(OTCQB: ALGRF) — currently trading around C$0.50 per share in a near-record copper market — has accelerated Phase II drilling at its flagship, 100%-owned Adelita copper-silver-gold project in Sonora, Mexico.
A second drill rig is now onsite following the intersection of multiple intervals of visual copper mineralization (Hole 2) more than 100 meters above the company’s anticipated target horizon.
Representing Algo Grande’s largest drill program to date, Phase II is designed to test the scale of the high-grade Cerro Grande skarn system while evaluating additional targets across the broader Adelita district.
Algo Grande Copper CEO Enrico Gay — whom you’ll hear from next in our exclusive interview — commented on the progress underway at Adelita via press release:
“Less than 10% into our Phase II drill program, we are intersecting visual copper mineralization within the Cerro Grande skarn. With a second drill rig expected to commence operations shortly, we are entering what we believe will be the most active and potentially transformational period in the Company’s history. We look forward to reporting our first assay results as they become available.”
Notably, Hole 2 intersected a combined 28.37 meters of visual copper mineralization across two separate intervals prior to reaching the depth where ALGR’s geologic team originally expected to encounter the target horizon.
Hole 2 continues toward its planned depth of approximately 700 meters where it will test previously undrilled ground.
The team also reported the first observed copper mineralization hosted within andesitic porphyry at Adelita, further supporting the view that the broader mineralizing system may extend beyond the primary skarn target.
Together with the garnet-dominant skarn mineralization encountered in Hole 2, these geological observations support ALGR’s evolving exploration model.
With two drill rigs now turning, the company expects drilling activity to accelerate to roughly two holes every 10 days as it advances the remainder of its approximately 8,000-meter Phase II program, including expansion drilling along the 2.5-kilometer Cerro Grande corridor and initial drilling at the Cerro Potrero South and Las Trancas targets.
The timing is particularly noteworthy as copper continues trading near historic highs amid growing concerns over future supply and steadily increasing long-term demand driven in part by AI data center buildouts.
With the first batch of assay results expected beginning in the third week of August — and additional results anticipated roughly every two weeks thereafter — Algo Grande’s ongoing multi-rig program should provide investors with a steady stream of catalysts throughout the fall.
Hot on the story as always, our own Gerardo Del Real of Junior Resource Monthly caught up with Algo Grande CEO Enrico Gay to discuss the accelerating Phase II drill campaign at Adelita and the steady stream of assays expected in the weeks ahead. Please enjoy!
First assays: Due in the coming weeks.
Market cap: Still around C$20 million.
Hear directly from CEO Enrico Gay on what comes next.
Be sure to also check out this recent field update featuring Algo Grande CEO Enrico Gay and members of the company’s technical team as they discuss the Phase II program and the broader opportunity unfolding at Adelita:
For additional information on Algo Grande Copper Corp., please contact the company’s IR department at 778-907-2547 or via email info@algo-grande.com.
Visit the Algo Grande corporate website and sign up to receive updates directly from the company here. View the most recent Corporate Presentation here.
Check out our complimentary feature-length report on Algo Grande here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Algo Grande Copper
IMPORTANT DISCLAIMER & DISCLOSURES
Resource Stock Digest, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction.
Please do not rely on the information presented by Resource Stock Digest as personal investment advice.
If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor.
The communications from Resource Stock Digest should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.
Algo Grande Copper has sponsored this report.
The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.
Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Neither Resource Stock Digest nor any employee of Resource Stock Digest is registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Resource Stock Digest, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.
HIGHLY BIASED:
In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Resource Stock Digest has received cash compensation from Algo Grande Copper and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.
Resource Stock Digest, and its owners, directors, employees, and members of their households may own shares of Algo Grande Copper. Therefore, Resource Stock Digest is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign.
HIGH RISK:
The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.
NOT PROFESSIONAL ADVICE:
By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Resource Stock Digest, and all partners, members, and affiliates harmless in any event or claim. While Resource Stock Digest strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Resource Stock Digest is not obligated to update, correct, or revise the information post-publication.
FORWARD-LOOKING STATEMENTS:
Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. Resource Stock Digest does not undertake any obligations to update the information presented or to ensure that such information remains current and accurate.